Volkswagen shocks investors with profit warning - Catalan Referendum: Stay or Go?
- Digitization: Estonia aims to light the way
For a long time, news from Brazil mostly meant bad news. The talk was of nepotism, corruption and the worst economic crisis in history. That seems to be in the past, reports DW's Manuela Kasper-Claridge from Sao Paolo.
Consultancy firm PwC has published its latest Global Innovation 1000 survey showing that corporate spending on Research & Development has never been higher, but also warning of the effects of economic nationalism.
The scandal-hit German carmaker will stop selling diesel vehicles in the US and refocus on sport utility and electric vehicles, as it looks to reboot strategy for its core brand in the Americas.
German car group Volkswagen has raised its guidance for profit and revenue after posting higher-than-expected quarterly earnings despite huge legal costs resulting from its core brand's emissions-cheating scandal.
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